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Reuters World News

Iran's new hardline supreme leader and oil price surge

12 min9 mars 2026
The late Ayatollah’s hardline son, Mojtaba Khamenei, is Iran’s new supreme leader. It’s a choice which could lead to an escalation with Washington. The Iran war drives oil prices above $100 a barrel. Gas prices soar too, after Qatar stops LNG exports. Republican voters say they stand by Trump’s war for now, but they’ve got a red line: American boots on the ground. And campaigners urge Australia to give the Iranian women’s soccer team refuge. Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

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